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Article #153

Re: Transit Levy on BC-Hydro Bills

#153
From: Bruce Jonathan Schuck
Date: Tue, 10 Nov 1992 17:02
45 lines
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> & >>> John Paul Morrison writes:

>>      Brad Crockett writes:



>Then stop making people who don't drive to work subsidize the system!
>By using it they will pay for it.
>>

>>> >>Let's make a deal: I'll agree to pay the full share of road costs for 
>>> >>my driving, 
>>
>>> >I sincerely doubt you can afford it.
>>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

>The tax revenue disproves this , especially when the cost of roads, bridges,
>repairs etc. is amorttized over 20 years of use.

>$20 / week * 52 weeks = $1040

>divide by two to get government's share: = $520
>multiple by 100,000 cars (a very conservative amount) = 52 million per year.

>$52 million is an extremely low estimate, but is still a fair bit of cash.
>I suspect 100 million or more is a good estimate for BC.

>So obviously "I sincerely doubt you can afford it." is false.

The Coquihalla itself cost 1 billion. 

The interest [without paying back capital costs] is between 50 and 100
million a year at current or recent interest rates -- let alone the
one prevalent at the time.

Thats just one highway -- no maintenance costs added in.

Your gas taxes don't pay the cost at all.



-- 
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"We've got to get bigger guns" -- Dick Durkin                  schuck@sfu.ca
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Path: arc1-ca.pugleaf.net!sparky!uunet!van-bc!cs.ubc.ca!newsserver.sfu.ca!sfu.ca!schuck
References: <1992Nov9.024208.20720@ee.ubc.ca> <w1a1TB2w165w@happy.nuts.almanac.bc.ca> <1992Nov10.072119.14207@ee.ubc.ca>

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Newsgroups: bc.general
Path: arc1-ca.pugleaf.net!sparky!uunet!van-bc!cs.ubc.ca!newsserver.sfu.ca!sfu.ca!schuck
From: schuck@fraser.sfu.ca (Bruce Jonathan Schuck)
Subject: Re: Transit Levy on BC-Hydro Bills
Message-ID: <schuck.721414922@sfu.ca>
Sender: news@sfu.ca
Reply-To: Bruce_Schuck@sfu.ca
Organization: Simon Fraser University, Burnaby, B.C., Canada
References: <1992Nov9.024208.20720@ee.ubc.ca> <w1a1TB2w165w@happy.nuts.almanac.bc.ca> <1992Nov10.072119.14207@ee.ubc.ca>
Date: Tue, 10 Nov 1992 17:02:02 GMT
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